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Employer Identification Number 13-5539122

SECURED FINANCE NETWORK, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SECURED FINANCE NETWORK, INC.
Employer identification number (EIN):13-5539122
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations
401k Pension/Benefits registration SECURED FINANCE NETWORK, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE SECURED FINANCE NETWORK IS THE TRADE GROUP FOR COMMERCIAL FINANCE COMPANIES, FACTORS, BANKS AND OTHER FINANCING AGENCIES IN THE ASSET-BASED FINANCIAL SERVICES INDUSTRY ON AN INTERNATIONAL, NATIONAL, REGIONAL AND LOCAL BASIS. THE OBJECTIVES OF THE ORGANIZATION ARE TO PROVIDE, THROUGH DISCUSSION AND PUBLICATION, A FORUM FOR THE CONSIDERATION OF INTER- AND INTRA-INDUSTRY IDEAS AND OPPORTUNITIES; TO MAKE AVAILABLE CURRENT INFORMATION ON LEGISLATION AND COURT DECISIONS RELATING TO ASSET-BASED FINANCIAL SERVICES; TO IMPROVE LEGAL AND OPERATIONAL PROCEDURES EMPLOYED BY THE INDUSTRY; TO FURNISH TO THE GENERAL PUBLIC INFORMATION ON THE FUNCTION AND SIGNIFICANCE OF THE INDUSTRY IN THE CREDIT STRUCTURE OF THE COUNTRY; TO ENCOURAGE THE ASSOCIATION'S MEMBERS, AND THEIR PERSON.
Number of Employees13
Number of Volunteers0
Year Formed1944

Organization Governance

Legal DomicileNY
Voting Members - Governing Body278
Voting Members - Independent278

Organization Financials

2023-09-30
Total unrelated business incomeUSD $ 628,574
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,148,669
Program Service Revenue from current yearUSD $ 5,265,838
Investment Income from prior yearUSD $ -25,195
Investment Income from current yearUSD $ 94,929
Other Revenue from prior yearUSD $ 571,479
Other Revenue from current yearUSD $ 631,514
Gross receipts from all sourcesUSD $ 14,005,933
Net assets / fund balances at end of fiscal yearUSD $ 1,218,370
Net assets / fund balances at beginning of fiscal yearUSD $ 774,765
Total liabilities at end of fiscal yearUSD $ 5,971,804
Total liabilities at beginning of fiscal yearUSD $ 5,164,621
Total assets at end of fiscal yearUSD $ 7,190,174
Total assets at beginning of fiscal yearUSD $ 5,939,386
Revenues less expenses for current yearUSD $ -34,154
Revenues less expenses for previous yearUSD $ 162,817
Total expenses for current yearUSD $ 6,026,435
Total expenses for previous yearUSD $ 4,977,745
Other expenses in current yearUSD $ 3,864,053
Other expenses in previous yearUSD $ 3,037,581
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,162,382
Employee salary and benefits paid in previous yearUSD $ 1,940,164
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,992,281
Total revenue in previous fiscal yearUSD $ 5,140,562
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 445,609
Total of other revenueUSD $ 631,514
2022-09-30
Total unrelated business incomeUSD $ 563,704
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,513,485
Program Service Revenue from current yearUSD $ 4,148,669
Investment Income from prior yearUSD $ 16,827
Investment Income from current yearUSD $ -25,195
Other Revenue from prior yearUSD $ 557,807
Other Revenue from current yearUSD $ 571,479
Gross receipts from all sourcesUSD $ 7,402,219
Net assets / fund balances at end of fiscal yearUSD $ 774,765
Net assets / fund balances at beginning of fiscal yearUSD $ 297,997
Total liabilities at end of fiscal yearUSD $ 5,164,621
Total liabilities at beginning of fiscal yearUSD $ 2,775,539
Total assets at end of fiscal yearUSD $ 5,939,386
Total assets at beginning of fiscal yearUSD $ 3,073,536
Revenues less expenses for current yearUSD $ 162,817
Revenues less expenses for previous yearUSD $ -670,861
Total expenses for current yearUSD $ 4,977,745
Total expenses for previous yearUSD $ 4,009,595
Other expenses in current yearUSD $ 3,037,581
Other expenses in previous yearUSD $ 2,178,149
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,940,164
Employee salary and benefits paid in previous yearUSD $ 1,831,446
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,140,562
Total revenue in previous fiscal yearUSD $ 3,338,734
Contributions and grants from current yearUSD $ 445,609
Contributions and grants from previous yearUSD $ 250,615
Total of other revenueUSD $ 571,479
2021-09-30
Total unrelated business incomeUSD $ 544,642
Net unrelated business incomeUSD $ -250
Program Service Revenue from prior yearUSD $ 4,149,552
Program Service Revenue from current yearUSD $ 2,513,485
Investment Income from prior yearUSD $ -17,819
Investment Income from current yearUSD $ 16,827
Other Revenue from prior yearUSD $ 745,581
Other Revenue from current yearUSD $ 557,807
Gross receipts from all sourcesUSD $ 3,462,318
Net assets / fund balances at end of fiscal yearUSD $ 297,997
Net assets / fund balances at beginning of fiscal yearUSD $ 493,515
Total liabilities at end of fiscal yearUSD $ 2,775,539
Total liabilities at beginning of fiscal yearUSD $ 2,296,098
Total assets at end of fiscal yearUSD $ 3,073,536
Total assets at beginning of fiscal yearUSD $ 2,789,613
Revenues less expenses for current yearUSD $ -670,861
Revenues less expenses for previous yearUSD $ -224,504
Total expenses for current yearUSD $ 4,009,595
Total expenses for previous yearUSD $ 5,101,818
Other expenses in current yearUSD $ 2,178,149
Other expenses in previous yearUSD $ 3,189,535
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,831,446
Employee salary and benefits paid in previous yearUSD $ 1,912,283
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,338,734
Total revenue in previous fiscal yearUSD $ 4,877,314
Contributions and grants from current yearUSD $ 250,615
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 557,807

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 135539122

USA Mailing Address
370 7TH AVENUE
SUITE 1801
NEW YORK
NY
10001
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
370 7TH AVENUE, SUITE 1801
NEW YORK
NY
10001
Date first seen: 2007-01-01
Date last seen: 2024-10-03

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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